Market Pulse - Asia
Wednesday preview: US, China CPI in the spotlight
The market spotlight on Wednesday will be firmly on the US and whether consumer price inflation did indeed peak in April as some economists have posited.
Asia report: Most markets weaker as tech sell-off continues
Equity markets mostly closed lower in Asia on Tuesday, with mainland China once again the exception, after another tech-led sell-off on Wall Street overnight.
Asia report: Most markets fall, China trade data beats expectations
Most stock markets in Asia closed weaker on Monday, as traders took their cue from Wall Street’s tumble last week, although trade data from China came in above expectations.
Chinese trade weakens in April amid Covid-19 curbs
Chinese trade weakened last month after Shanghai and other major industrial cities were shut down in order to fight a resurgent coronavirus, with export growth tumbling to its lowest level in almost two years.
Asia report: Most markets follow Wall Street into the red
Most bourses in Asia closed lower on Friday, with all major markets trading after a week peppered with holidays, after an overnight plunge for equities on Wall Street.
Asia report: Chinese shares rise on return from break after Fed hike
Stocks were mostly higher in Asia on Thursday, with Chinese equities rising on their return from holiday, after the US Federal Reserve hiked interest rates by 50 basis points overnight.
Mondi reports bumper Q1 operating earnings, set to divest Russian ops
Mondi reported a bumper first quarter with good demand across its business lines and higher average selling prices offsetting continued cost pressures.
Asia report: Markets fall ahead of crunch Fed decision
Stock markets in Asia finished lower on Wednesday, with Chinese technology plays tumbling in Hong Kong, as investors braced themselves for an expected interest rate hike stateside later in the global day.
Asia report: Most markets fall as hawkish RBA hikes rates
Most markets in Asia closed in negative territory on Tuesday, after Australia’s central bank hiked interest rates for the first time in over 11 years.